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Tag Archives: Ransomware

Seven Ransomware Predictions for 2018

It might surprise you to know that most ransomware victims choose to pay a ransom to have their data restored. As long as victims continue to pay up, ransomware will continue to be a go-to strategy for cybercriminals. Furthermore, Forrester Research predicts that cybercriminals will increasingly use ransomware in 2018 to monetise attacks, as end-to-end encryption in payment systems often ... Read More »

Five Arrested in Romania for Spreading CTB Locker and Cerber Ransomware

Five suspected hackers have been arrested in Romania, for allegedly distributing CTB Locker and Cerber Ransomware in the US and Europe. View Full Story  ORIGINAL SOURCE: IB Times Read More »

Corporate Cyber Insurance Will Fuel Ransomware Growth in 2018 says WatchGuard

While the increasing number of publicly disclosed breaches and successful ransomware incidents are driving growth in cyber insurance, there is a risk that this will encourage criminals to target companies with extortion insurance to demand increased payments, believes researchers at WatchGuard Technologies. In countries that require mandatory breach disclosure, cyber insurance helps cover the costs and sometimes the lawsuits that ... Read More »

Mecklenburg County held to Ransom

Mecklenburg, North Carolina’s more populous metro areas, came to a halt as a cyberattack froze data on dozens of the countys servers. Attackers are asking for $23,000 payment. Read Full Story  ORIGINAL SOURCE: Daily Mail Read More »

How businesses can unwittingly become launch-pads for malware attacks on clients and partners

In business, reputation is everything. So it is not hard to imagine the conversations that took place inside two law firms when they realised they had potentially become malware hubs spreading malicious code among clients and business-partners. The legal ramifications could have been catastrophic. In the first incident, the PDFs created in the firm were found to contain code for ... Read More »

59% of Employees who are Ransomware Victims Pay Ransom From Own Pocket’s

A survey of over 1000 office workers has revealed that over 59% of office workers hit by ransomware have paid the ransom themselves, out of their own pocket. Read Full Story  ORIGINAL SOURCE: Bleeping Computer Read More »

Bad Rabbit in the Works since 2016

Attackers behind this week’s Bad Rabbit campaign had compromised some of the websites used to spread the ransomware as far back as 2016, according to new research. Read Full Story  ORIGINAL SOURCE: Info Security Magazine Read More »

It’s Time to Add a Third Pillar to Your Security Strategy…Intelligence

Written by Anthony Perridge,,
Regional Director, ThreatQuotient

The recent global ransomware attacks that have dominated television news and headlines across the UK and Europe should be a call to arms for organisations around the world. Hundreds of thousands of computers in more than 150 countries have been affected and organisations are clearly under siege as cybercriminals execute campaigns that spread fast and cause damage. But, why have ... Read More »

LokiBot Trojan turns into Ransomware in Removal Process

Researchers have discovered a new Android banking trojan, dubbed LokiBot, which turns itself into ransomware when users’ try to remove it. View Full Story ORIGINAL SOURCE: Bleeping Computer Read More »

New Phishing Campaign Uses 20 Year old Tactic

Researchers have discovered a new campaign trying to drop the locky ransomware through compromised Word Files. View Full Story ORIGINAL SOURCE: The Register Read More »